While big PE firms engage in the rush of recruiting junior professionals two years in advance of hiring them, a process called on-cycle recruiting, middle-market firms often refrain from that tradition.
“They can’t see that far ahead to know where they will be in their fund lifecycle, to know whether the timing works for them, to be able to extend an offer 18 months to 24 months in advance,” executive search recruiter Lori Gleeman told Private Equity Career News. Instead, many mid-market firms tend to hire when and as needed.
Continue reading “Soul Equity Solutions to its search clients: try mid-cycle recruiting”
Highland Rim Capital, co-founded in 2022 by a trio of former executives at Gen Cap America, is raising money for a $200 million debut buyout fund.
“We have great connectivity,” said Jeff Brubaker, describing ex-professional athletes such as himself. “That’s a form of capital when you think about it.”
Kellie Bauer steps down as partner and CFO at Wayzata, Minnesota-based health and wellness investment firm LFE Capital, according to a bounce-back email. Bauer, according to her 
Fundraising expert Beth Rahn, the former principal and head of family capital at McNally Capital and an advocate for women in private equity, has started a new firm.
Otro Capital, launched last year by former executives at RedBird Capital Partners, has hired placement agent PJT Park Hill to raise its debut fund.
Kelly DePonte, who spent more than 31 years in private equity as a limited partner, as an advisor to LPs and as a placement agent, has opened up his own advisory firm to work with both GPs and LPs.
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